USDCAD Movement
For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CAD and closed at 1.2811.
In the Asian session, at GMT0400, the pair is trading at 1.2806, with the USD trading a tad lower against the CAD from yesterday’s close.
The pair is expected to find support at 1.2767, and a fall through could take it to the next support level of 1.2727. The pair is expected to find its first resistance at 1.2834, and a rise through could take it to the next resistance level of 1.2861.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
